8, PARKER DRIVE, LANGDON HILLS, BASILDON, SS16 5LQ - £560,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 PARKER DRIVE is a large detached house of 128m², which could now be worth an estimated £624,415. It was last sold for £560,000 in June 2021, which was around 5% below the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.

8 PARKER DRIVE Sold Prices

Land registry data shows two sales for 8 PARKER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 8 PARKER DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 30 JUN	£560,000	£591,207	5% below HPI
2018 19 DEC	£535,995	£560,807	4% below HPI

8 PARKER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The two 8 PARKER DRIVE sales from December 2018 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 8 PARKER DRIVE be worth now?

8 PARKER DRIVE might now be worth an estimated £624,415.

This is based on house price inflation of 11.5%, between June 2021 and February 2025, for detached houses, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.5% inflationary increase is applied to the most recent sale price for 8 PARKER DRIVE of £560,000 on 30th June 2021. For the value to have increased from £560,000 to £624,415 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 PARKER DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2021 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PARKER DRIVE has not materially changed since June 2021.

How Large is 8 PARKER DRIVE?

8 PARKER DRIVE is 128m² according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basildon, and where 8 PARKER DRIVE lies on this distribution: 66% of detached houses houses are smaller than 8 PARKER DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Basildon.

8 PARKER DRIVE: Plot and Title Map

8 PARKER DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 8 PARKER DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 PARKER DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 PARKER DRIVE?

8 PARKER DRIVE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 8 on PARKER DRIVE.